From typicallyspanish.com
No agreement reached at meeting with Algarrobico owner
By m.p.
Mar 6, 2008 - 5:43 PM
A three-way meeting between the Environment Ministry, the Junta de Andalucía’s environment department, and Azata, owners of the controversial Algarrobico Hotel in Carboneras, concluded without agreement on Wednesday. It was called to discuss what was to be a final joint financial offer by the two levels of government to allow the hotel to be demolished, but it’s understood that the two hours were spent in analysing the extensive content of the professional valuation commissioned of the land on which the hotel stands.
There has been no news on the figure given in the valuation.
What has been agreed is that a second meeting will take place on as yet to be determined date to try and reach an out of court agreement. The Environment Ministry recently said they would be able to offer up to 40 million €, while Azata are believed to be claiming 300 million €.